Employers are not doing enough to address talent shortages

ManpowerGroup surveyed over 40,000 employers in 42 countries and territories during the first quarter of 2015 to explore the extent of talent shortages within the global labor market, which job categories are particularly hard to fill and why, the impact of talent shortages on businesses, and how employers are responding to the challenges raised by the lack of available talent in specific job categories.

ManpowerGroup's annual Talent Shortage Survey, reveals that 32% of U.S. employers report difficulties filling job vacancies due to talent shortages. This marks a decrease of 8%, falling from 40% in 2014. Globally, the percentage of employers experiencing difficulties continued to rise, increasing from 36% in 2014 to 38% in 2015.

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1 in 3 global employers are having difficulty filling jobs this year

Aligning talent strategy to business strategy has never been more important. By focusing on careers, organizations can leverage ongoing assessment and development strategies to ensure they have the talent they need to drive productivity today, and the agility to meet changing market dynamics.Get Right Management’s perspective with this helpful infographic.

Unprecedented technological growth, constantly shifting demographics, increasing customer sophistication and the rise of individual choice has resulted in a new world of work. Get ManpowerGroup’s perspective with this helpful infographic.

Solving the Talent Shortage: Advice for Companies

“In ManpowerGroup’s 2015 Talent Shortage study, we talked to 41,000 hiring managers around the world, and found that 38% of them are having greater difficulty filling jobs this year, compared to last. This is the highest rate we’ve seen since 2007. Talent gaps impact competitiveness, increase turnover amongst existing staff, and can result in a failure to meet customer demands. This talent shortage is in line with the gradually increasing number of job openings in the US (a little over 5 million currently) and the decreasing rate of unemployment.

So, what’s a hiring manager to do? I see the smartest companies taking these approaches and they might work for your organization as well.”

Solving the Talent Shortage: Advice for Job Seekers

“It all boils down to this: Companies are experiencing a very real talent shortage and talented people want to get into the game. We’ve got demand and we’ve got supply. Connect the dots and some real solutions emerge.

In my experience, job seekers with the highest potential for success (whether employed or not) take a strategic, proactive approach that includes these four strategies.”

Right Management is the global career and talent development expert within ManpowerGroup (NYSE: MAN). We help organizations become more agile, attractive and innovative by creating a culture of career management and learning that nurtures future talent, motivates and engages people, and provides individuals with opportunities to increase their value throughout their careers. We improve time to value through our expertise in organizational effectiveness, career management and individual development. Our approach is centered on the fact that organizations thrive when individuals are successful in their careers. We’ve spent the last 35 years identifying workforce challenges and developing innovative solutions, enabling our globally informed methods to be time-tested across more than 50 countries..

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Right Management is the global career expert within ManpowerGroup (NYSE: MAN), providing tailored global workforce solutions that identify, develop and transition talent to optimize business performance. As career experts, we enable companies to win by helping employees build successful careers in the Human Age. We drive better outcomes through our expertise in organizational effectiveness, career management and individual development. Right Management has offices in more than 50 countries and partners with companies of all sizes, including more than 80 percent of the Fortune 500.

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